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Minnesota real estate law

Home Buyer: “This Offer is Only Valid Until Noon on Friday, April 9, 2021″

Purchase Agreement Deadlines, Expiration Dates, and (Other) Ultimatums [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] At least in Minnesota, where I sell real estate, deadlines are incorporated...
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Purchase Agreements, Deadlines, and (Other) Ultimatums

“This Offer is Only Valid Until Noon, January 16” [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] At least in Minnesota, where I sell real estate, deadlines are incorporated...
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Purchase Agreements, Deadlines, and (Other) Ultimatums

“This Offer is Only Valid Until Noon, August 4” [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] At least in Minnesota, where I sell real estate, deadlines are incorporated...
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“If You Crack the Door Open a Little Bit . . . You Have to Swing it Wide Open”

Minnesota Home Seller Disclosure Duties — and their Realtor’s(!) Just like good stand-up comedians establish themes that they keep revisiting (see, Jerry Seinfeld; Chris Rock; Louis CK), a good continuing ed speaker repeatedly invokes a mantra for practitioners (Minnesota Realtors like yours truly) to heed. Yesterday’s (much repeated) mantra:  “if you crack the door open a...
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Coming Soon(?) to Minnesota: “Designated Agency”

Giving Agents a Green Light to Go to Bat for Their Clients “No man can serve two masters.” –New Testament [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Unlike, say, many financial advisors, Realtors owe their clients a...
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Whose Signatures Belong On the Purchase Agreement?

“One to Buy, Two to Sell,” But . . . “Two to Buy, Two to Sign“ It’s practically a mantra for Minnesota Realtors, starting with their pre-licensing coursework:  it takes one partner in a married couple to buy, but two to sell. Translation:  in Minnesota, married partners automatically have an ownership interest in their spouse’s...
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